PGT Innovations (PGTI) Debt Metrics
Market Cap: $2.40B
Avg Volume: 1.14M
Industry: Construction
Sector: Industrials
How much debt does PGT Innovations have?
According to PGT Innovations's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
PGT Innovations's total debt stands at $746.50M. This is broken down into:
- Long-term debt: $612.10M
- Short-term debt: $20.37M
The company's net debt, which accounts for cash and cash equivalents, is $713.79M. In terms of overall financial obligations, PGT Innovations's total liabilities amount to $985.45M.
Debt Ratios and Metrics
To better understand PGT Innovations's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.96 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 38.44% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 5.76 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 48.12% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 48.94% - this indicates the total debt in the company's capital structure.
These metrics provide insight into PGT Innovations's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$746.50M
Long-term Debt
$612.10M
Short-term Debt
$20.37M
Net Debt
$713.79M
Total Liabilities
$985.45M
Interest Coverage
5.76
Debt to Equity Ratio
0.96
Debt Ratio
38.44%
PGT Innovations Historical Debt Metrics
PGT Innovations Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $746.50M | $612.10M | $20.37M | $713.79M | $985.45M | 0.96 | 38.44% | 5.76 | 48.12% | 48.94% |
| 2022 | $753.69M | $737.29M | $16.39M | $687.14M | $977.51M | 1.20 | 45.95% | 5.55 | 54.00% | 54.55% |
| 2021 | $722.74M | $709.56M | $13.18M | $626.59M | $894.65M | 1.37 | 49.48% | 1.63 | 57.28% | 57.73% |
| 2020 | $453.36M | $447.23M | $6.13M | $353.04M | $577.39M | 0.93 | 42.67% | 1.95 | 47.97% | 48.31% |
| 2019 | $397.71M | $393.01M | $4.70M | $300.47M | $491.19M | 0.92 | 43.10% | 1.87 | 47.66% | 47.96% |
| 2018 | $366.78M | $366.61M | $163.00K | $314.13M | $476.61M | 0.95 | 42.54% | 3.59 | 48.74% | 48.75% |
| 2017 | $212.97M | $212.68M | $294.00K | $178.94M | $277.79M | 1.21 | 47.00% | 2.97 | 54.81% | 54.85% |
| 2016 | $247.87M | $247.87M | $- | $208.66M | $304.13M | 1.87 | 56.77% | 2.94 | 65.16% | 65.16% |
| 2015 | $192.47M | $190.50M | $1.97M | $130.97M | $238.77M | 1.80 | 55.67% | 4.35 | 64.04% | 64.28% |
| 2014 | $193.75M | $191.79M | $1.96M | $151.28M | $237.77M | 2.62 | 62.15% | 6.11 | 72.17% | 72.37% |
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